Hualilán Mining Project to Deploy Over ARS 11.8 Billion in Investments in San Juan Over Three Years

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Hualilán Mining Project to Deploy Over ARS 11.8 Billion in Investments in San Juan Over Three Years
File photo: Casposo Mine in San Juan, now part of a strategic integration with Hualilán.
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The Hualilán mining project is advancing into a new operational phase backed by an investment program focused on Calingasta, in Argentina’s San Juan province. The plan includes capital allocated to ore processing, infrastructure development and services associated with ongoing operations.

By Panorama Minero

According to information provided by Golden Mining, ore extracted from Hualilán will be transported from Ullum and processed at the Casposo facilities. This operational configuration defines the project’s logistics framework and underpins the investment schedule planned for the next three years.

Over that period, the company estimates capital expenditures exceeding ARS 11.8 billion, allocated to processing activities, logistics, infrastructure works and operational services. The program also includes the addition of 38 new jobs, linked to different stages of the operation and to the engagement of regional suppliers.

Infrastructure and Logistics

The investment plan includes works considered necessary for project execution. Among them is the construction of a Bailey bridge, with an estimated budget of ARS 725 million, aimed at supporting transportation and access in the area. In addition, the company plans to build a stockpile yard at Casposo, with an investment of approximately ARS 203 million, intended to support ore handling and processing activities.

Operational activity is also expected to increase demand for local services. The mobilization of transport contractors and project personnel will drive additional demand for accommodation and catering services in Calingasta, generating an estimated ARS 37.4 million in local economic activity, based on company projections.

In parallel, Golden Mining confirmed that fuel supply for the vehicle fleet assigned to the project will be sourced from providers based in Calingasta for a three-year period, as part of the logistics scheme defined for the operation.

Sonia Delgado, Executive Chair of Golden Mining and Chief Executive Officer of Challenger Gold, said the investment program corresponds to a phase of operational consolidation for the Hualilán project, with workforce hiring and service contracting aligned with the activities planned for this stage.

Published by: Panorama Minero

Category: News

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